612 E 82nd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90001
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25046654
Year Built 1929
Lot Size 5,741 Sqft
Property Sub-Type Quadruplex
Property Description
612 E 82nd St is a value add garden style 4plex
located in the heart of Los Angeles. The building is
comprised of all (4) 1-Bed/1-Bath units with 58% in
Rental upside! Stabilizes at a 7.51% cap rate and
9.83 GRM, this asset is ideal for any savvy investor
to unlock the income potential.
Built in 1929, the subject property is a 4 unit
apartment spread out over 2,088 Sq. Ft situated on
a 5,742 Sq. Ft lot, 612 E 82nd St is a unique valueadd
opportunity in an extremely fast growing rental
market of Los Angeles.
612 E 82nd St is located just minutes from the 110 fwy
with easy access to USC, Downtown LA, Gilbert
Lindsay Park, Exposition Park, Lucas Museum, Art's
District, The Reef, BMO Stadium, LA Live and billions
of dollars worth of development pouring into the
neighborhood.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Laundry None
Exterior
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Government Loan
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Government Loan
Special Listing Condition Standard